NCC has announced that voice, data services have now been restored to approximately 90% of their peak utilization capacities. The Nigerian Communications Commission (NCC) says voice and data services affected by undersea cable cuts along the Cote d’Ivoire and Senegal coasts have been restored. Reuben Muoka, NCC Director of Public Affairs in a statement issued on Monday, said that services have now been restored to approximately 90% of their peak utilization capacities. “Following the...
OrderPaper in its LIFE Service, last week, predicted that the issues of Insecurity and kidnappings; Epileptic power supply; Budget Padding allegations against the Senate by Senator Ningi; Investigation of Ways and Means by the Senate; and Implementation of student loan policy would be front-burner issues at the National Assembly last week. This article details how the prediction fared. Last week, the National Assembly found itself embroiled in a flurry of legislative activities, precisely as predicted...
NANS proposed a minimum five-year repayment duration, saying that the two-year post-National Youth Service Corp (NYSC) repayment time frame for the loan is unrealistic. To tackle the limitations hindering easy access to the Students Loan Act, the National Association of Nigerian Students (NANS) has condemned the time frame for the repayment of the loan, tagging it as “unrealistic” because less than 10 per cent of Nigerian graduates get absorbed into the labour force upon completion...
Security vote is a monthly allowance used by state governors of the 36 states to fund security services within the states. The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has requested permission from the Senate to include a security vote in the N1.1 trillion in the FCT 2024 budget. Wike made this appeal while defending the budget before the Senate on Monday. OrderPaper recalls that the Senate had passed for a second reading...
Sustainability refers to the responsible management of the earth’s finite resources to meet present needs without compromising the ability of future generations to meet their own needs. The House of Representatives recently threatened to issue arrest warrants on executives of some companies operating in Nigeria’s oil and gas industry. The alleged offence of these companies is their failure to honour invitations to explain or defend their Corporate Social Responsibility (CSR) initiatives to host communities in...
The Senate has seen its fair share of suspensions over the years, with notable figures facing consequences for various reasons. The Nigerian Senate has seen its fair share of suspensions over the years, with notable figures facing consequences for various reasons. Here’s a glimpse into some of the significant suspensions that have occurred since 1999: Senator Joseph Waku (PDP, Benue North West) A notable suspension at the senate was that of the former Senator Joseph...
Wike accused Senator Kingibe of blackmailing him and informed her that he could not be forced into becoming her friend The Minister of the Federal Capital Territory (FCT), Nyesom Wike has lambasted Senator Ireti Kingibe (LP, FCT) The former Rivers State governor also gave reasons why he and Senator Kingibe have never been in good terms since they both assumed their current position. OrderPaper recalls that earlier in January, Kingibe claimed that there was no...
This CBN amendment bill, aimed at refining certain provisions of the CBN Act 2007, carries significant implications for Nigeria’s financial landscape. The Central Bank of Nigeria (CBN) Act 2007 stands as a cornerstone of Nigeria’s financial regulatory framework, outlining the roles, functions, and powers of the apex bank. Recently, the Nigerian Senate has brought forth a significant development in the form of the CBN Amendment Bill, aiming to revise certain provisions of the existing Act....
Of the N1.147 trillion budget indicated, N140 billion was earmarked for personnel cost, while N280 billion was earmarked for overhead as well as N726 billion for capital projects. The Senate has passed for a second reading a sum of N1.1tn Federal Capital Territory 2024 Appropriation Bill. The bill titled, “2024 Federal Capital Territory (FCT), Appropriations Bill 2024, (SB 397),” was sponsored by Senator Opeyemi Bamidele (APC, Ekiti Central) during Thursday’s plenary. Out of the N1.147...
President Tinubu forwarded a correspondence to the National Assembly seeking the repeal of the existing Act. President Bola Ahmed Tinubu has forwarded a letter to the Senate and the House of Representatives, seeking a repeal and re-enactment of the Access to Higher Education Act, 2023, otherwise known as the Student Loan Act. President Tinubu’s letter came in during Thursday’s plenary at both chambers a day after the announcement of a temporary suspension of the commencement...
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